China Banking Regulatory Commission, Guidelines for Managing the Risks of the Off-balance-sheet Business of Commercial Banks (Draft for Comments on Amendments)

中国银行业监督管理委员会商业银行表外业务风险管理指引 (修订征求意见稿)

January 12, 2017 | BY

Susan Mok &clp articles

Issued: November 23 2016 Main contents: The Guidelines expand the scope of off-balance-sheet business to security and undertakings, investment…

Issued: November 23 2016

 

Main contents: The Guidelines expand the scope of off-balance-sheet business to security and undertakings, investment and financing services conducted on an agency basis, intermediary services, and other types, and propose that commercial banks should establish a system for the management of the limits on off-balance-sheet business risks (Articles 3 & 14).  In the off-balance-sheet business of investment and financing services conducted on an agency basis, the specification or undertaking to assume credit risks in any manner is forbidden (Article 21).

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